When You Check Persistently
This happened years ago when banking was not as strict as it is now. I dealt in antiques and was set up at a local antique market. I had a gentleman from California buy a Spratling silver bangle and an American Indian blanket.
He gave me a check for $800, but it was returned for insufficient funds. I was livid and called his bank.
Bank: “There are not enough funds to cover the check.”
Me: “What can I do?”
Bank: “You can call and check periodically.”
I called every week for about two months and they finally told me that there were enough funds to cover the check. I went to my bank and told them to make sure this check went through right away, as the funds were finally in the account.
Well, it went through, and I laughed that he probably thought he would never have to honor that check. I don’t think you could get a bank to give you that information today, but back then you could!
